Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Fulton Financial
FULT
$4.66B
| $8.47M | ﹤0.01% |
532,830
+84,027
| +19% | +$1.31M |
|
|
DOO
2252
Bombardier Recreational Products
DOO
$4.54B
| $8.46M | ﹤0.01% |
126,093
-241,782
| -66% | -$16M |
|
2253
Oxford Industries
OXM
$566M
| $8.46M | ﹤0.01% |
75,227
-102,673
| -58% | -$10.3M |
|
2254
Clear Channel Outdoor Holdings
CCO
$1.23B
| $8.4M | ﹤0.01% |
5,090,155
+2,895,718
| +132% | +$4.95M |
|
2255
PUT
Chubb
CB
$135B
| $8.4M | ﹤0.01% |
32,400
+2,800
| +9% | +$688K |
|
|
SRG
2256
CALL
Seritage Growth Properties
SRG
$136M
| $8.4M | ﹤0.01% |
870,000
-200,000
| -19% | -$1.88M |
|
2257
Frontline
FRO
$8.76B
| $8.37M | ﹤0.01% |
358,098
+18,371
| +5% | +$415K |
|
|
CVAC
2258
DELISTED
CureVac
CVAC
| $8.37M | ﹤0.01% |
2,761,090
+32,187
| +1% | +$113K |
|
2259
PUT
Align Technology
ALGN
$12.1B
| $8.36M | ﹤0.01% |
25,500
-18,900
| -43% | -$5.55M |
|
2260
Graco
GGG
$12.9B
| $8.34M | ﹤0.01% |
89,223
-343,995
| -79% | -$30.5M |
|
2261
Mueller Industries
MLI
$14.7B
| $8.33M | ﹤0.01% |
309,048
-678,510
| -69% | -$16.8M |
|
|
AGR
2262
DELISTED
Avangrid, Inc.
AGR
| $8.33M | ﹤0.01% |
228,671
-547,958
| -71% | -$17.9M |
|
2263
UiPath
PATH
$6.61B
| $8.33M | ﹤0.01% |
367,464
-1,104,123
| -75% | -$25.8M |
|
|
SBOW
2264
DELISTED
SilverBow Resources, Inc.
SBOW
| $8.33M | ﹤0.01% |
243,926
+229,443
| +1,584% | +$6.67M |
|
2265
Dianthus Therapeutics
DNTH
$5.84B
| $8.32M | ﹤0.01% |
277,213
+243,249
| +716% | +$5.29M |
|
|
BPMC
2266
DELISTED
Blueprint Medicines
BPMC
| $8.32M | ﹤0.01% |
87,660
-12,485
| -12% | -$1.07M |
|
2267
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $8.3M | ﹤0.01% |
82,557
-22,341
| -21% | -$2.24M |
|
2268
Consensus Cloud Solutions
CCSI
$670M
| $8.3M | ﹤0.01% |
523,083
+498,001
| +1,985% | +$8.92M |
|
2269
PUT
Live Nation Entertainment
LYV
$40.6B
| $8.29M | ﹤0.01% |
78,400
-24,000
| -23% | -$2.27M |
|
2270
Glacier Bancorp
GBCI
$6.42B
| $8.29M | ﹤0.01% |
205,756
-190,347
| -48% | -$7.37M |
|
2271
PUT
Antero Resources
AR
$11.1B
| $8.28M | ﹤0.01% |
285,400
-168,100
| -37% | -$4.06M |
|
2272
Cushman & Wakefield Ltd
CWK
$3.14B
| $8.28M | ﹤0.01% |
791,208
-126,088
| -14% | -$1.28M |
|
2273
CALL
Charter Communications
CHTR
$17.3B
| $8.25M | ﹤0.01% |
28,400
-46,000
| -62% | -$14.8M |
|
2274
Madison Square Garden
MSGS
$9.48B
| $8.24M | ﹤0.01% |
44,641
-13,573
| -23% | -$2.52M |
|
|
SAVE
2275
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $8.23M | ﹤0.01% |
1,700,000
+742,200
| +77% | +$5.49M |
|
Similar funds
Millennium Management's Q1 2024 Portfolio in Review
As of Q1 2024, Millennium Management held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in iShares Bitcoin Trust worth $844M.
- Millennium Management's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Millennium Management added most to Merck in Q1 2024, an estimated $496M increase.
- Millennium Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Millennium Management fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Millennium Management's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Millennium Management opened 858 new positions and closed 745 in Q1 2024.
- Millennium Management's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.